Search Results for: Deutsche Bank

RBS completes 600000 delayed payments after technical glitch

Royal Bank of Scotland RBS

The Royal Bank of Scotland (RBS) has repaid the 600,000 customers who suffered on Wednesday when payments into their accounts failed to show up, the banking group announced this morning. The bank blamed the glitch on a technical error, as a package of incoming payments was not processed correctly, leaving RBS and NatWest …

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Pope Benedict resigned to avoid arrest

Pope Joseph Ratzinger

Diplomatic Note was issued to Vatican just prior to his resignation New Pope and Catholic clergy face indictment and arrest as “Easter Reclamation” plan continues A Global Media Release and Statement from The International Tribunal into Crimes of Church and State Brussels: The historically unprecedented resignation of Joseph Ratzinger as …

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Australia will be a casualty of the currency wars

Australian money currency

The world’s most powerful nations are sitting on zero interest rates and printing money to get their currencies down, and there’s very little Australia can do about it, writes Alan Kohler. The currency war will be on in earnest in 2013 as the United States, Europe, Japan and China all …

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China’s central bank to inject $81b stimulus into top 5 banks

Chinese central bank

China‘s central bank is injecting 500 billion yuan ($81 billion) into the country’s five major state-owned banks as it moves to counter slower-than-expected growth in the world’s No. 2 economy, according to a senior Chinese banking executive. The move contributed to a rise in Asian markets early Wednesday, but falls …

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Bank of America fined $17 billion for role in financial crisis

Bank of America

Bank of America, the second largest US lender is close to ending a landmark deal with US authorities to pay up to $17 billion – a record fine – to the Justice Department over its role in the 2007 financial crisis. If completed, it will be largest single compensation settlement, …

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Greek bank run update: €100-€500 million per day

Five days ahead of the Greek parliamentary re-vote, the media propaganda machine has gone mute due to the moratorium on the RAND() known as popular polling: forgotten are the days when Syriza’ popularity rating would swing from -100 to +100 in the span of hours, Diebold notwithstanding. Which leaves the …

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Reserve Bank of Australia is printing money for foreign banks

Australian money

Global banking giant UBS says the Reserve Bank may be printing money to keep the Australian dollar under control. UBS analysts Gareth Berry and Andrew Lilley say the evidence that the RBA may have been printing Australian dollars is compelling, but not yet conclusive. The main evidence the analysts cite …

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Australia’s big-banks bonanza

AUSTRALIA’s big banks have been ranked the most profitable in the developed world for the second year running by the influential Bank for International Settlements. Despite slower credit growth threatening to crimp local lenders’ profits, the big four enjoy wider interest margins and lower costs than most of their overseas …

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12yo girl’s speech on world debt – AMAZING!!

12-year old Victoria Grant explains why her homeland, Canada, and most of the world, is in debt. Yep, you guessed it, the bankers!! [youtube height=”400″ width=”550″]http://www.youtube.com/watch?v=Bx5Sc3vWefE[/youtube]   Source: http://www.publicbankinginstitute.org/

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U.S Banks told to prepare for total collapse

Martial law is being prepared for a staged banking collapse in the late October. [youtube height=”400″ width=”550″]http://www.youtube.com/watch?v=lsp5n3Lc1hU[/youtube] This is a Red Alert! Only exposing the fact that this is staged will make them back off. Let’s get to work exposing the Banksters. Don’t sit around with a bunch of guns …

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The Libor scandal explained

Libor Scandal

According to news reports, UK banks fixed the London interbank borrowing rate (Libor) with the complicity of the Bank of England (UK central bank) at a low rate in order to obtain a cheap borrowing cost. The way this scandal is playing out is that the banks benefitted from borrowing …

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Reserve Bank of Australia quietly increases banks’ bailout buffer

Reserve Bank of Australia

In a globally unique policy, the Reserve Bank of Australia will supply banks with a permanent bailout facility worth up to $380 billion by 2015. The policy has been designed by the RBA to help banks satisfy stringent new liquidity tests which simulate “acute stress scenarios” that deny banks funding …

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Put big bank CEOs in jail – Senator Elizabeth Warren

Senator Elizabeth Warren

Sen. Elizabeth Warren (D-Mass.) This past weekend, the Department of Justice slapped a record fine on JPMorgan Chase for packaging and selling the mortgage-backed financial products that helped cause the financial meltdown. But Sen. Elizabeth Warren (D-Mass.) wants the administration to know that fines are not enough. On Wednesday, she called on …

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US debt dumped as central banks and billionaires buy gold

Gold central banks billionaire debt

From Filip Karinja, for Birch Gold Group Central banks have been dumping U.S. debt at an unprecedented rate. Last year, foreign central banks sold an astonishing $225 billion in U.S. treasury bonds. And now, just a few months into 2016, the rate of selling has increased, with central banks having already sold $123 …

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Japan joins negative interest rate club

Haruhiko Kuroda governor Bank of Japan

In a surprise move, the Bank of Japan has introduced a negative interest rate. The benchmark rate of -0.1% means that commercial banks will be charged by the central bank for some deposits. It is designed to encourage them to use their reserves to lend to businesses in an attempt …

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Plans for cashless society is accelerating bank runs

Euro cash withdrawal money

From Filip Karinja, for Birch Gold Group Over the past few months, as governments and bankers lose grip on the failing monetary system that is surviving only on the back of record low interest rates and excessive money printing, the ‘war on cash’ has been escalating around the world. Why such disdain for cash? A society …

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CEO of Liechtenstein Bank Frick murdered in broad daylight

Liechtenstein Bank Frick

Over the weekend the world was gripped by the drama surrounding the mysterious murder-homicide of the former CEO of Dutch bank ABN Amro and members of his family, and whether there is more foul play than meets the eye. However, that is nothing compared to what just happened in the tiny, and …

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HSBC is broke; restricts large cash withdrawals

HSBC sign

Following research last week suggesting that HSBC has a major capital shortfall, the fact that several farmer’s co-ops were unable to pay back depositors in China, and, of course, the liquidity crisis in China itself, news from the BBC that HSBC is imposing restrictions on large cash withdrawals raising a …

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